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Investing Glossary:
Trailing earnings
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| Past earnings. Often used in the context of the price Earnings ratio. This Ratio is usually distinguished as price to Trailing earnings (today`s price divided by the most recent 12 months of earnings) versus price to prospective earnings (today`s price divided by Consensus forecast earnings for the next 12 months).
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